Royce & Associates LP maintained its stake in Chase Co. (NYSEMKT:CCF) during the second quarter, according to its most recent filing with the SEC. The fund owned 263,681 shares of the construction company’s stock at the end of the second quarter. Royce & Associates LP owned about 2.85% of Chase worth $28,135,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its stake in Chase by 140.9% in the second quarter. Russell Investments Group Ltd. now owns 3,713 shares of the construction company’s stock valued at $396,000 after buying an additional 2,172 shares during the last quarter. Acadian Asset Management LLC raised its stake in Chase by 41.5% in the second quarter. Acadian Asset Management LLC now owns 14,745 shares of the construction company’s stock valued at $1,574,000 after buying an additional 4,328 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its stake in Chase by 23.7% in the second quarter. Campbell & CO Investment Adviser LLC now owns 2,977 shares of the construction company’s stock valued at $318,000 after buying an additional 571 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in Chase by 13.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 44,764 shares of the construction company’s stock valued at $4,777,000 after buying an additional 5,178 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Chase by 358.5% in the second quarter. First Trust Advisors LP now owns 26,618 shares of the construction company’s stock valued at $2,840,000 after buying an additional 20,812 shares during the last quarter.

Shares of Chase Co. (NYSEMKT:CCF) opened at 94.55 on Monday. The firm has a 50-day moving average price of $102.06 and a 200-day moving average price of $100.54. Chase Co. has a 12 month low of $61.13 and a 12 month high of $116.15. The stock has a market cap of $875.34 million, a price-to-earnings ratio of 21.49 and a beta of 1.64.

Chase (NYSEMKT:CCF) last posted its earnings results on Wednesday, July 5th. The construction company reported $1.12 earnings per share for the quarter. Chase had a return on equity of 24.60% and a net margin of 18.27%. The company had revenue of $64.90 million during the quarter. Equities analysts expect that Chase Co. will post $1.91 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Royce & Associates LP Continues to Hold Position in Chase Co. (CCF)” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://theolympiareport.com/2017/08/28/royce-associates-lp-continues-to-hold-position-in-chase-co-ccf.html.

Separately, BidaskClub lowered Chase from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.

In related news, Director George M. Hughes sold 500 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $109.46, for a total value of $54,730.00. Following the completion of the transaction, the director now owns 1,899 shares of the company’s stock, valued at $207,864.54. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have sold 800 shares of company stock valued at $83,680 in the last three months.

About Chase

Chase Corporation is engaged in manufacturing of protective materials for reliability applications. The Company’s operating segments include industrial materials segment and construction materials segment. The Industrial Materials segment includes specified products that are used in, or integrated into, another company’s product, with demand typically dependent upon general economic conditions.

Want to see what other hedge funds are holding CCF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chase Co. (NYSEMKT:CCF).

Institutional Ownership by Quarter for Chase (NYSEMKT:CCF)

Receive News & Ratings for Chase Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chase Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.